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China Development Bank

Bharti Airtel secures $2.5B financing from Chinese banks

India’s Bharti Airtel has secured financing of up to $2.5 billion from two top Chinese …

France Telecom inks Congo mobile deal

France Telecom-Orange confirmed its previously-reported plan to take over Congo Chine Telecom, a mobile operator in the Democratic Republic of the Congo.

China Development Bank to loan Nextel Mexico cash for Huawei network

NII Holdings, the company which offers services in a number of Latin American markets using the Nextel brand, said that Nextel Mexico will receive a US$375 million loan from the China Development Bank, which will be used to acquire 3G network equipment from Huawei Technologies.

Reliance mast sale on the cards, as FY results mixed

Reliance Communications announced mixed results for the year to 31 March 2011, while stating that a sale of its towers unit is back on the cards – which will enable it to dramatically reduce its debt.

Reliance draws more from Chinese loan

Reliance Communications has drawn-down a second tranche of US$400 million from a US$1.93 billion loan supplied by China Development Bank, having accessed US$665 million during March 2011.

Reliance inks Chinese loans

Reliance Communications said that it yesterday signed final documentation with the China Development Bank for a US$1.33 billion loan facility, stating that this is “the first and largest every syndicated loan for refinancing spectrum fees.”